Browsing: Oil
December confirmed a clear shift in market direction. Where earlier months were dominated by tight balances and strong backwardation, year-end…
President Donald Trump has made it clear: His vision for Venezuela’s future involves the US profiting from its oil.“We’re going…
Global refining stands at a pivotal crossroads as shifting regional demand patterns, escalating sustainability pressures, and heightened energy security concerns…
Chevron’s 2025 Q2 results show record output and progress in renewable diesel, lithium extraction and LNG expansion, advancing its lower-carbon…
The International Energy Agency (IEA) has revised its forecast for global oil supply growth, projecting a stronger-than-expected increase for 2025…
Senior officials from three of OPEC’s core producer nations — Saudi Arabia, the United Arab Emirates, and Kuwait — lined…
CB&I has been awarded a contract by VMOS S.A. to build storage tanks for Argentina’s Vaca Muerta Sur oil export…
China refined the most crude oil in nearly two years in June, as plants returned from seasonal maintenance to seize…
The Official Receiver has secured an agreement with Glencore to continue supplying crude oil to the Lindsey oil refinery in Lincolnshire, according to…
Saudi Aramco will be selling its crude to all buyers next month, even as OPEC+ agreed to boost supply by…